About Narmi
Narmi is a company based in New York (United States) founded in 2016 by Chris Griffin. It operates as a SaaS (Software-as-a-Service), API-as-a-Product, and FinTech. Narmi has raised $57.34 million across 5 funding rounds from investors including Techstars, Greycroft and NEA. The company has 89 employees as of December 31, 2022. Narmi offers products and services including Narmi Banking, Narmi Grow, Narmi Command, Narmi Now, and Narmi Guard. Narmi operates in a competitive market with competitors including Amount, MANTL, Tyfone, Asseco and Bankingly, among others.
- Headquarter New York, United States
- Employees 89 as on 31 Dec, 2022
- Founders Chris Griffin
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name Narmi Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$57.34 M (USD)
in 5 rounds
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Latest Funding Round
$35 M (USD), Series B
May 19, 2022
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Investors
Techstars
& 6 more
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Employee Count
89
as on Dec 31, 2022
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Products & Services of Narmi
Narmi offers a comprehensive portfolio of products and services, including Narmi Banking, Narmi Grow, Narmi Command, Narmi Now, and Narmi Guard.
Banking solutions are designed for modern life experiences.
Omnichannel solutions are provided for faster account opening.
Digital back-office operations are streamlined for better efficiency.
Real-time payments are enabled via FedNow Service integration.
Protection against fraud threats is offered through advanced tools.
API-driven platform is provided for customized banking innovation.
People of Narmi
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Funding Insights of Narmi
Narmi has successfully raised a total of $57.34M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $35 million completed in May 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Narmi
Narmi has secured backing from 7 investors, including venture fund investors. Prominent investors backing the company include Techstars, Greycroft and NEA.
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Multiple sectors are targeted for venture capital investments by Greycroft.
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Venture capital investments are offered to startups by NEA.
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Venture capital firm focused on early stage healthcare, renewable energy, real estate, finance, and multiple businesses
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Investor details for Narmi
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Investments & Acquisitions by Narmi
Investment portfolio details for Narmi
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Financial Statements - Narmi
Detailed financials for Narmi
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Narmi Comparisons
Peer comparison for Narmi
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Competitors of Narmi
Narmi operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Amount, MANTL, Tyfone, Asseco and Bankingly, among others.
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Omnichannel banking solutions are provided for banks and lenders.
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MANTL is recognized for providing account origination software to banks and credit unions.
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Omni-channel banking solutions are provided for mobile financial services.
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Omnichannel banking solutions are provided for internet and mobile platforms.
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Cloud-based omnichannel banking solutions are provided to financial institutions.
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Detailed competitors of Narmi
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Latest news on Narmi
Complete news archive for Narmi
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Frequently Asked Questions about Narmi
Narmi was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Narmi is headquartered in New York, United States. It is registered at New York, New York, United States.
Narmi is a funded company, having raised a total of $57.34M across 5 funding rounds to date.
As of Dec 31, 2022, the latest employee count at Narmi is 89.
Innovative digital banking platforms are developed by Narmi for financial institutions. Solutions are offered in areas such as consumer and business banking, account opening, real-time payments, fraud prevention, and back-office efficiency. Integration with leading core banking systems is supported to enhance digital capabilities. The focus is placed on delivering user-friendly experiences and API-driven open platforms for customized innovation in the fintech sector.
Narmi offers Narmi Banking, Narmi Grow, Narmi Command, Narmi Now, and 2 more products and services.
Narmi has 7 investors. Key investors include Techstars, Greycroft, NEA, Picus Capital, and Patriot Financial Partners.